Mercer Intl Stock Price, News & Analysis

Mercer International (NASDAQ: MERC) will announce its fourth quarter results on February 16, 2021, after market close. Following the release, a conference call will be hosted on February 17, 2021, at 10:00 am ET by CEO David M. Gandossi and CFO David K. Ure to discuss the results. Interested parties can participate by phone or through an online link. Mercer operates in Germany, Canada, and Australia, producing approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber annually, emphasizing sustainability in its bioproducts.

Mercer International Inc. (Nasdaq: MERC) has announced an upsized private offering of $875 million in 5.125% senior notes due February 1, 2029, an increase from the previously planned $500 million. The funds will refinance $250 million of 6.500% senior notes due 2024 and redeem $550 million of 7.375% senior notes due 2025. Redemption of the 2025 Notes is set for January 26, 2021, conditional upon completion of the offering. The offering is aimed at qualified institutional buyers and is structured under Rule 144A. The anticipated closing date is also January 26, 2021.

Mercer International Inc. (Nasdaq: MERC) announced an offering of $500 million in senior notes due 2029 to finance its tender offer for $250 million of its 6.500% Senior Notes due 2024 and a partial redemption of the 7.375% Senior Notes due 2025. The tender offer expires on January 21, 2021, with expected settlement on January 26, 2021. The notes are being offered to qualified institutional buyers and have not been registered under the Securities Act. The company operates in Germany and Canada, with significant production capacities in pulp and lumber.

Mercer International announced a cash tender offer for its outstanding 6.500% Senior Notes due 2024, totaling $250 million. The offer will pay $1,018.35 per $1,000 principal amount, excluding accrued interest. The tender offer is set to expire at 5:00 p.m. ET on January 21, 2021, with expected settlement on January 26, 2021. This move is conditioned upon receiving sufficient net proceeds from new debt financing. Following the tender, unaccepted notes may be redeemed at $1,016.25 per $1,000 principal amount, with a redemption date of February 13, 2021.

Mercer International today announced that David M. Gandossi, President and CEO, will present at the 24th Annual CIBC Western Institutional Investor Conference on January 22, 2021, at 9:40 AM. The presentation will be available on the company's website under the 'Investors - Current Documents' section on the morning of the event. Mercer produces bioproducts and is a leading global producer of forest products with operations in Germany, Canada, and Australia, boasting a production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.

Mercer International announced that David K. Ure, CFO, will present at the BofA Securities 2020 Virtual Leveraged Finance Conference on December 2, 2020, at 10:30 AM ET. A copy of his presentation will be available on the Company’s website post-event. Mercer is a global producer of bioproducts, with a consolidated annual production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber, operating in Germany, Canada, and Australia. For more details, visit www.mercerint.com.

Mercer International announced that its President and CEO, David M. Gandossi, will present at the 2020 RBC Capital Markets Forest Products Virtual Conference on December 2nd, 2020, with a panel discussion scheduled for 12:55 PM ET. A copy of the presentation will be available in the Investors - Current Documents section of their website on the morning of the event. Mercer is a global producer of forest products and bioproducts, with a production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.

In the third quarter, MERC reported a net income of $7.5 million alongside an Operating EBITDA of $45.6 million. The company achieved record results in its Wood Segment, demonstrating robust performance. Additionally, with cash on hand and available credit facilities, MERC maintains substantial liquidity, positioning itself favorably for future growth.

Mercer International (NASDAQ: MERC) is set to release its third quarter results on October 29, 2020, after market close. The earnings call will take place on October 30, 2020, at 10:00 am ET, led by CEO David M. Gandossi and CFO David K. Ure. Participants can join by phone or via a live internet link. Mercer is a global producer of bioproducts and forest products, with operations in Germany, Canada, and Australia, producing approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber annually.